Mike Loves Tax Talk

Mike Loves Tax Talk

My blog is about the realities of tax preparation, some advance tax planning and a general discussion of Tax Policy. I would like to get into changes of philosophy such as the ACA.. Also the 26,000,000 Americans who are statically eligible for an exemption to the shared responsibility credit (AKA) These exemptions that can be filed to avoid paying a penalty for failure to insure and must be filed before 4/15/2015.

Best bet is to get these in before tax season if you can. Look at the new lines on Form 1040 and the three Forms that comprise the effect the ACA has on individual taxes.

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